Summary
The report details the financial status of the Inter-American Institute for Global Change Research for the 2011/2012 fiscal year. While 99.5% of approved contributions for the year were received by April 30, 2012, the institute faces significant arrears totaling US$1.3 million, with Mexico and Venezuela cited as major debtors. Operational expenses through February 2012 were 11% below budget, though salary costs exceeded projections by 6.4%. Cash reserves cover 3.8 months of operations, increasing to 9.2 months if US committed funds are included. Administratively, the report notes instability regarding the contracting of four staff members via INPE.
Key insights
- As of April 30, 2012, the institute had received 99.5% of the contributions approved for the 2011/2012 fiscal year, yet the total amount of outstanding contributions remains high at US$1.3 million.
- Mexico and Venezuela are identified as the primary sources of unpaid contributions, with Mexico owing US$294,000 after four years of non-payment and Venezuela owing US$295,521 through partial payments.
- Operational expenses for the eight-month period ending February 28, 2012, were 11% lower than the budgeted amount, although 'Salaries and Benefits' were 6.4% over budget due to contract termination and relocation costs for the Deputy Director of Scientific Programs.
- The institute's cash reserves as of March 2012 cover 3.8 months of operations, which would increase to 9.2 months if funds committed by the United States are included.
- Administrative instability exists regarding four IAI staff members contracted through INPE, as the contract has been cancelled and re-issued four times in three years, including an emergency re-issue in April 2012.
Cite the original document
- APA
- Inter-American Institute for Global Change Research (2012). REPORTE TRIMESTRAL. https://archive.iai.int/admin/site/sites/default/files/iai-ec-33-financial-report-s.pdf
- Chicago
- Inter-American Institute for Global Change Research. REPORTE TRIMESTRAL. 2012. https://archive.iai.int/admin/site/sites/default/files/iai-ec-33-financial-report-s.pdf.
- Wikipedia
- {{cite report |author=Inter-American Institute for Global Change Research |title=REPORTE TRIMESTRAL |date=16 June 2012 |url=https://archive.iai.int/admin/site/sites/default/files/iai-ec-33-financial-report-s.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{interamericaninstituteforglobalchangeresearch2012reporte, author = {{Inter-American Institute for Global Change Research}}, title = {{REPORTE TRIMESTRAL}}, institution = {Inter-American Institute for Global Change Research}, year = {2012}, month = jun, url = {https://archive.iai.int/admin/site/sites/default/files/iai-ec-33-financial-report-s.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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